Intraday Technical Nifty View for 31 July

In the last Nifty Technical Analysis, we discussed: The bears have the upper hand, as close below 11200 suggests. Now Bulls need to close above 11290 for a move towards 11365/11450 levels.

Yesterday Nifty opened on a positive note. But soon bears drag the Index towards lower levels and this time Index made the low of 11072.

The bears are getting intense day by day. Nifty bulls will get some only on close above 11290 levels. Below that Bears can drag the Index towards 11015/11940/11800.

Nifty 11800 level is the next quite Crucial support level to watch out for if the price reaches there.

Nifty Intraday Technical Trading Levels for 31st July

Resistance for today in Intraday is at 11125 above the move towards 11155/11210/11290 can seen.

While Support for today is likely to come at, 11030 below that move towards 11000/10945/10865 can be seen.

Note: Above mention Price projection & other Information are for educational purpose only.

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.